v3.26.3
Consolidated Statements of Operations and Comprehensive (loss) Income - USD ($)
 6 Months Ended 12 Months Ended
Jun. 30, 2025
Jun. 30, 2026
Dec. 31, 2024
Dec. 31, 2023
Defined Benefit Plan Disclosure [Line Items]        
Total revenues $ 276,340,120 $ 545,035,182 $ 688,607,542 $ 633,079,773
Total cost of revenues (272,356,649) (541,923,460) (672,562,832) (620,989,960)
Gross profit 3,983,471 3,111,722 16,044,710 12,089,813
Operating expenses        
Selling and marketing expenses (38,067) (721,732) (39,664) (101,302)
General and administrative expenses (3,330,264) (10,437,305) (5,249,099) (5,127,137)
Depreciation expenses (2,558,809) (4,865,218) (4,758,014) (4,257,189)
Total operating expenses (5,927,140) (16,024,255) (10,046,777) (9,485,628)
(Loss) Income from operations (1,943,669) (12,912,533) 5,997,933 2,604,185
Other (expenses) income, net        
Interest income 633,881 1,333,946 52,126 10,264
Sundry (expense) income (1,392,794) (2,538,573) 2,022,473 3,321,563
Interest expenses (2,802,798) (5,328,276) (4,598,376) (2,203,061)
Share of losses of associates (4,029) (12,753) (710)
Total other (expenses) income, net (3,565,740) (6,545,656) (2,524,487) 1,128,766
(Loss) Income before income taxes (5,509,409) (19,458,189) 3,473,446 3,732,951
Income tax benefit (expense) 988,034 318,017 (1,428,299) (774,239)
Net (loss) income (4,521,375) (19,140,172) 2,045,147 2,958,712
Less: loss (income) attributable to non-controlling interest 212,473 500,431 (167,910) (962,761)
Net (loss) income attributable to controlling interest $ (4,308,902) $ (18,639,741) $ 1,877,237 $ 1,995,951
Weighted average number of ordinary shares outstanding:        
Weighted average number of ordinary shares, basic [1] 21,359,033 23,565,000 20,000,000 20,000,000
Weighted average number of ordinary shares, diluted [1] 21,359,033 23,565,000 20,000,000 20,000,000
Earnings per share, basic [1] $ (0.20) $ (0.79) $ 0.09 $ 0.10
Earnings per share, diluted [1] $ (0.20) $ (0.79) $ 0.09 $ 0.10
Other comprehensive (loss) income:        
Net (loss) income $ (4,521,375) $ (19,140,172) $ 2,045,147 $ 2,958,712
Foreign currency translation adjustments (96,336) (355,747) 276,068 1,887,789
Total comprehensive (loss) income (4,617,711) (19,495,919) 2,321,215 4,846,501
Comprehensive (loss) income including non-controlling interest (4,617,711) (19,495,919) 2,321,215 4,846,501
Comprehensive (loss) income attributable to non-controlling interest 223,300 511,437 (167,781) (832,987)
Comprehensive (loss) income attributable to controlling interest (4,394,411) (18,984,482) 2,153,434 4,013,514
Nonrelated Party [Member]        
Defined Benefit Plan Disclosure [Line Items]        
Total revenues 276,185,254 544,845,521 688,430,008 632,789,396
Total cost of revenues (272,274,995) (541,589,842) (671,615,772) (619,866,604)
Related Party [Member]        
Defined Benefit Plan Disclosure [Line Items]        
Total revenues 154,866 189,661 177,534 290,377
Total cost of revenues $ (81,654) $ (333,618) $ (947,060) $ (1,123,356)
[1] Shares and per share data presented for all periods have been retrospectively adjusted to reflect the share redesignation and reclassification on October 20, 2026 (see Note 14)